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A new year to fix the economy

Hundreds of thousands of words have been written about the economy, and how to fix it over the last many years, but not much is done, and the economy remains…

Inflation and devaluation

  There was however positive news in the recent inflation data too. Prices in December rose by only 0.8pc over November, which was the second smallest monthly increase in a…

The economy needs a reset

The government is all primed to sign a new IMF deal and celebrate more debt. Yet, it needs to reflect why we are in an endless loop of near default…

Stability versus general well-being

Minister for Finance Muhammad Aurangzeb since he took oath ten days less than six months on 12 March 2024 has repeatedly claimed that stabilisation has been achieved, and that his…

Paradox of depopulation

In 2023, India replaced China as the globe’s top-populated country. Having peaked at 1.413 billion in 2021, the Chinese population contracted the following two years to 1.409 billion. Beijing, which…

On the edge of default

As Pakistan looks for a spot on the IMF Board’s agenda, the prudent course during this downtime is to reflect on its debt sustainability and develop a broader understanding of…

The immigrant is the future

Imagine a few decades from now when most of the First World countries – especially Japan and those in Europe – are led by individuals born in places like Niger…

Pakistan’s IMF experience

In my long experience of electoral politics, there are few instances when I found the voters more consumed by gloom as they are now, their hope in the future sapped.…

Electrifying the future

Pakistan’s current economic conundrum can be attributed to surplus power generation capacity, which is a good problem, not a bad one. There is more power capacity that will be operational…

Then vs now: our 77-year journey

As Pakistan celebrates its 77th anniversary today, it is natural to reflect on its journey of development and growth since gaining independence in 1947. Looking back at its accomplishments and…